28 Jan 2016
26 Jan 2016
24 Jan 2016
21 Jan 2016
22-Jan-2016
..Can expect some more consolidation before breaking out, may move along with the world market. Lets wait and watch, Have Patience.
19 Jan 2016
16 Jan 2016
14 Jan 2016
13 Jan 2016
14-Jan-2016
Today was great day with panic SELLING and Successfully bounce
back to hold support at 7550 & 7490.
We can go Long If Nifty cross 7595 for
target 7650-90, ELSE get ready for Big Fall Towards 7300.
12 Jan 2016
11 Jan 2016
10 Jan 2016
7 Jan 2016
08-Jan-2016
If you are a regular reader, I have written many times - 7945 is a strong resistance - If Unable to cross may trigger a big sell off.
As mentioned a lot of Fall happened till today. So what's Next. Price must hold 7540 or 7490 for a bounce back. Else the fall may continue. towards 7400 - 7300.
6 Jan 2016
5 Jan 2016
06-Jan-2016
Nifty took support near 7760-75. Tomorrow if breaks below 7760 support, price may try to fill
the gap left near 7690, if hold than we can see relief rally till 7850-7890.
4 Jan 2016
05-Jan-2016
Todays fall was panic selling due to global news. Nifty still in uptrend, If close above 7736.
If close below 7736 then we can expect big fall till 7250 or more deeper.
28 Dec 2015
29 December 2015
We were waiting for target 7900+ .. Today's price movement till our first 2nd target 7940. If cross above 50 / DMA Or 7940 - More rally on card till upper channel till 8040+.
24 Dec 2015
23 Dec 2015
24 December 2015
Nifty has given breakout..now go long for
1st Target - 7910-7950
2nd Target - 8000
3rd Target - 8050.
22 Dec 2015
21 Dec 2015
22 December 2015
Price taken support @ 7738 and started bouncing, now 7752 if crosses, more rally and short covering on card.
19 Dec 2015
21 December 2015
Hourly Chart - Says support @ 7738 & 7704. With 100 and 50 Hour Moving Average, if holds, May again get strength for an upmove...though expecting more rally soon towards 7900+ Have patience.
17 Dec 2015
16 Dec 2015
15 Dec 2015
16 December 2015
Tomorrow is very important day for Nifty closing. As per technical chart go short with SL 7730.
But.... If Nifty close above 7740 then close all shorts and go long for target 7900-8030.
14 Dec 2015
14 December 2015
A Gap down opening, thought price managed to hold above 7590 and 7540, shows a possible recovery soon.
News flow like RBI meet with Bankers, GST Out come from Congress and Fed Out come may decide the next move.
10 Dec 2015
9 Dec 2015
8 Dec 2015
7 Dec 2015
6 Dec 2015
3 Dec 2015
2 Dec 2015
1 Dec 2015
30 Nov 2015
29 Nov 2015
26 Nov 2015
26-11
If Nifty cross 7906-7915 - Previous high - Expect Nifty to Test 7960 -70 or the upper top of the Channel top as shown in chart.
25 Nov 2015
23 Nov 2015
22 Nov 2015
19 Nov 2015
19-11
Break out seen on chart, If the above chart is not wrong, expect fresh rally and short
covering above 7865..
18 Nov 2015
18-11
MAKE or BREAK situation for NIFTY.
It seems like Nifty is forming double bottom, If analysis is true than we may expect relief rally towards 7850-7900+, if break than SELL SELL SELL for Target 7540.
17 Nov 2015
17-11
Prices resisted at 50 HMA, Cross above 7860 may trigger next rally
Target 7880-7900-7930. Or else fall till 7717-7700.
16 Nov 2015
16-11
As expected, Nifty took support near 7710, made a low of 7714 and started moving up. Tomorrow 7860-70 and 7930-40 may act as resistance.
14 Nov 2015
13-11
> Nifty trying to form a Head and Shoulder. In such a case, Price may try to get support near 7730,7710 or 7690. If holds these support, Expect a bounce back to form the right shoulder. Hope the above chart and strategy gives you a clear idea of whats next on nifty.
12 Nov 2015
9 Nov 2015
7 Nov 2015
5 Nov 2015
4 Nov 2015
3 Nov 2015
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